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Ukraine’s iron and steel industry - Latest news GMK Center

Photo – Ukrainian steelmakers ramped up production of rolled products by 1.2% in 2020
Ukrainian steelmakers ramped up production of rolled products by 1.2% in 2020

Production of steel fell over the year, whereas production of pig iron on the contrary increased

Photo – Ukrainian steelmakers ramped up steel production by 27.2% in November
Ukrainian steelmakers ramped up steel production by 27.2% in November

Production of rolled products and pig iron grew as well in 11M

Photo – Ukrainian steelmakers ramped up steel production by 5.1% in October
Ukrainian steelmakers ramped up steel production by 5.1% in October

Production of rolled products and pig iron grew as well in 10M

Photo – Ukraine’s iron ore exports grew by a third in October
Ukraine’s iron ore exports grew by a third in October

Exports of iron ore grew by 15.7% in 10M

Photo – Ukraine’s pig iron exports grew by 63% in October
Ukraine’s pig iron exports grew by 63% in October

In 10M, Ukraine’s exports of pig iron grew by 28%

Photo – Ukraine reduced coke production by 6.8% in January–September
Ukraine reduced coke production by 6.8% in January–September

Coke plants have sufficient coal stocks

Photo – Ukrainian steelmakers cut steel production by 5.5% in September
Ukrainian steelmakers cut steel production by 5.5% in September

In the first nine months of 2020, production of rolled products and pig iron decreased as well

Photo – Ukraine’s iron ore exports grew by 26% in September
Ukraine’s iron ore exports grew by 26% in September

Exports of iron ore grew by 14.2% in nine months

Photo – Ukraine reduced coke production by 6% in January–August
Ukraine reduced coke production by 6% in January–August

Consumer demand remains rather low

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